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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)
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To: Earl Falwell who wrote (1145)5/7/1998 5:01:00 PM
From: Binder  Read Replies (2) of 1757
 
I can't help but giggling at all of the hubbub regarding the price of the "plant" to produce the DF-144.

First of all, if a JV happens, end of topic.

However, if they decide to make a crack at it themselves, I would like for everyone to remember what this "plant" really is.

Down here in the South, we call them STILLS. Now before you go envisioning Granny & Jed & Ellie Mae (lol - yeah and maybe Bard too...)hanging out by the cement pond sipping stuff out of a jug with XXX across it, it's not quite that kind, but in principle it is the same thing.

We are not talking about a tremendous amount of expense.

Even if MIDL had NO money, the fact that the product is pre-sold will be inducement enough for any banker to finance the production of the plant.

Just my opinion

Binder
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